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Mice21 [21]
3 years ago
12

Ben and Chris combined their love of football with a business venture. They purchased a small portable cart and began selling fo

otball memorabilia outside of the hometown stadium. Their first year went well, but the past two years have been a real struggle. Due to poor economic conditions including loss of jobs, ticket sales at the stadium are down, which has significantly hurt their sales as well. As a recent business school graduate, you explain to Ben and Chris that: A.this type of business is always high risk because it is seasonal B. this business does not fill a sufficient need for most people C. environmental circumstances are dynamic and tough to control D. social enterpreneurs are currently getting most of the attention
Business
1 answer:
wolverine [178]3 years ago
4 0

Answer: Option C

Explanation: Environmental circumstances refers to the threats and opportunities that arise from political and economical unstability. These are highly fluctuating factors and can affect the business highly.

In the given case, the business of Ben and Chris slowed down due to the economic breakdown in the country. These factors are inescapable and affect all the businesses in the economy.

Thus, from the above we can conclude that the correct option is C.

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Which of these is the concept that a unit's sales will follow an approximate bell-shaped curve versus a steady sales life?
zhannawk [14.2K]

Answer: Product Life cycle

Explanation: Product Life cycle is a concept used to describe the various stages which a product will have to undergo from the time of introduction into the market till the time it will eventually be out of the market. Different products have different life cycle,the life cycle is determined by different factors. The shape of a product's life cycle is that of a BELL SHAPE

The stages include Introductory stage, Growth stage, Stabilization stage and decline stage.

8 0
3 years ago
Audits of financial statements are designed to obtain reasonable assurance of detecting misstatement due to?
alisha [4.7K]

Answer:

Errors, fraud, and noncompliance with laws with a direct effect on financial statement amounts.

<h3>How does the auditor obtain reasonable assurance?</h3>
  • In order to obtain reasonable assurance, the auditor shall obtain sufficient appropriate audit evidence to be able to draw reasonable conclusions on which to base the audit opinion.
  • Reasonable assurance is obtained when the auditor has thereby reduced audit risk to an acceptably low level.

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5 0
2 years ago
What role does spirituality and/or faith play in your life? How can you incorporate mindfulness techniques into your day?
Sergio039 [100]

Spirituality acknowledges that there is more to life than what you do on a daily basis. It can help you realise your life's bigger purpose and free you from dependence on material possessions. Meditation, spiritual reading, practising gratitude, spending time in nature, and mindful breathing are some of the attentive strategies I employ to become more spiritual and enhance my lifestyle.

Spirituality is a broad concept that allows for a range of opinions. It typically involves a search for meaning in life and, generally, a sense of connectedness to something bigger than ourselves. Whether our spiritual activities are based in religion, nature, art, or something else entirely, spirituality may be a guiding force because it gives us a reason for being. This guiding light improves our compassion for ourselves and others while also assisting us in achieving serenity, which is one of the many ways it promotes our mental health.

Volunteerism, social duty, optimism, helping others, connection with others, feeling like you belong/are a part of a community, and love of oneself/reason to take care of oneself are a few examples.

Additionally, spirituality can be employed as a coping mechanism for uncertainty or transition. Everyone should make an effort to meditate for at least a minute in the morning. Be open to signs from the universe at all times.

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4 0
2 years ago
NZMA stock is currently selling for $128. Which of the following options is "in-the-money"? March 130 call March 125 put Februar
Vikki [24]

Answer:

February 125 call

Explanation:

Because, the expression "in the money" means to a situation when the market price of the asset is higher than the strike price for a call or lower than the strike price for a put. The correct answer is the only option that reach this feature

3 0
3 years ago
When marketing objectives are attainable and challenging, they motivate those charged with achieving the objectives. Question 2
salantis [7]

It is true that when marketing objectives are attainable and challenging, they motivate those charged with achieving the objectives.

<h3></h3><h3>What is marketing?</h3>

Marketing involves promoting a particular products.  It involves setting an objective which when attainable will make the workers happy and willing to do more even when tedious.

Therefore, It is true that when marketing objectives are attainable and challenging, they motivate those charged with achieving the objectives.

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4 0
2 years ago
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